Bank stocks continued to anchor sentiment at the start of the week, extending the momentum seen late last week. ABSA traded at KSh 26, marking a sustained push to new highs. Co-operative Bank advanced to KSh 23, while I&M Group touched KSh 46, reflecting firm demand across tier-one and tier-two lenders.
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Car & General added to its upward trajectory, reaching a new 52-week high at KSh 61. On the other end, Nairobi Business Ventures fell to a new 52-week low at KSh 1.50 amid persistent selling pressure in thin trade.
All NSE Equities Indices close lower; NASI at -0.80%, NSE 20 at -0.46%, NSE 10 at -0.93%, NSE 25 at -0.66% & the Banking Index at -0.55%.
On the gainers board, Africa Mega Agricorp led with a 9.96% rise, followed by Shri Krishna at 7.49% and Standard Group at 6.64%.
Uchumi supermarkets lead laggards at 7.69%, while Unga Group and Sameer Africa slip 6.95% and 5.35% respectively.
Equities turnover just over KSh 437Million in 6300 deals over 22 Million shares in volume